BRITANNIA P&I LICENCED TO UNDERWRITE BUSINESS IN SINGAPORE

Tuesday, February 5, 2019

Britannia P&I Club has been granted a licence to underwrite business from its Singapore branch. The licence was granted by the Monetary Authority of Singapore (MAS) and follows the recent licence for Britannia from Hong Kong’s insurance regulator.

The Singapore branch will be managed by Tindall Riley (Britannia) Singapore and is headed by CEO John O’Flaherty (pictured). The team of seven colleagues includes Derek Birch, a qualified lawyer with experience in private practice and with other P&I Clubs, who heads the local claims team, and Capt Ajit Karande, who is responsible for correspondent work and overseeing Britannia’s ASEAN correspondents.

The Singapore office will look after Britannia’s ASEAN countries Members as well as its Members in India and Australasia. It will also assist where required with all Members’ claims arising in the ASEAN region, in association with Britannia’s local port correspondents.

To further support service delivery in Asia, Britannia has launched two Chinese language websites, one in Simplified and the other in Traditional Chinese. These two new microsites follow the launch of the Club’s Japanese website in the Spring of 2018.

"The news that Britannia’s Singapore office has been granted a licence to underwrite business so soon after the Hong Kong office is welcome and, again, demonstrates the Club’s commitment to Britannia’s Asian Members, who account for nearly 50% of the Club’s business," said Andrew Cutler, CEO of Britannia and the Managers. "In addition, our focus on Asia has been further enhanced with the launch of the two Chinese language microsites, which will benefit greatly our Members in the region. The microsites will also support our regional hubs in Hong Kong, Japan and Singapore by reinforcing our strategy of providing Members with a personalised service in their local area, backed by a global presence in the market."